Ecological Yarn Or New Australian Breakthrough

Compared to Shandong Ruyi, Jiangsu sunshine and other large wool textile enterprises, New Australia The sales scale of textile for 1 years is less than 1 billion 400 million yuan, but its main business is outstanding, and its characteristic product is "wool fine spinning line". In recent years, though the band has been under pressure, the overall stability has been achieved.

The China Securities Regulatory Commission announced in November 5th that the first application for Zhejiang's jensheng group Limited by Share Ltd, the main exporter of cotton socks, was approved at the same time, as well as the Zhejiang new Australia textile Limited by Share Ltd, which featured the wool spinning.

New Australian textile intends to land at the Shanghai Stock Exchange. The total share capital of the company is 80 million shares before the issuance. The total public offering does not exceed 26 million 680 thousand shares, which is no less than 25% of the total shares issued after the issue. According to the prospectus, the funds raised will mainly be used to invest in "20 thousand spindles high-grade wool worsted ecological yarn project" and "repay 100 million yuan bank loan project".

Boboli, Prada and other big names are their customers.

In the past 3 years, the performance band has been under pressure but the whole is still stable.

The predecessor of new Australia textile is the Xinhua woolen joint factory in Tongxiang, Zhejiang, and the competent department is the Township Enterprise Management Bureau of Tongxiang county. In 2007, the implementation of shareholding system spanformation was reorganized by Zhejiang new Australia textile Refco Group Ltd to Zhejiang new Australia textile Limited by Share Ltd. It has Zhejiang new Australia textile, Zhejiang new neutralized wool and Zhejiang 3 subsidiaries of Hou yuan textile and a wholly-owned subsidiary of Hong De import and export. The company's actual controller is Shen Jianhua, chairman of the board. Prior to the public offering, Shen Jianhua directly held 23.78% of the company's shares, and also held 53.62% of the company's controlling shareholder, Xin Ao industrial, while Xin Ao holdings held 51% of the company's shares.

Its core products are high-grade wool worsted yarn and intermediate wool wool top. Its worsted yarn products include pure wool yarn, high-grade natural fiber blended yarn (wool, silk, cashmere, etc.) and chemical fiber blended yarn, mainly used for weaving medium and high grade knitted garments, including woolen sweater, cashmere sweater, wool underwear, wool T-shirt, wool socks and other knitwear.

High quality wool tops are the basis and prerequisite for producing high quality yarns. In 2003, the new Australian textile and neutralization wool joint venture set foot in the processing of wool tops. Through the European advanced equipment, advanced wool modification and wool strip making technology, the top quality wool tops were produced and the extension to the upstream of the wool spinning industry chain was completed. The top part of the top product is sold for sale except for part of its own use.

New Australian textile believes that through effective control of the production process of wool tops, on the one hand, it can broaden the scope of the yarn varieties of the company, so that the company can adjust and optimize the whole production process according to the individual requirements of customers. On the other hand, because of the seasonal demand of the downstream, the company can ensure the continuity of wool top supply during the peak season, and grasp the delivery date of wool tops, so as to seize the market opportunities.

At present, new Australian textile collection and modification, Worsted spinning And dyeing and finishing, forming a complete wool yarn production and processing chain for wool washing, top making, baslan / shrink proof / mercerizing, spinning and dyeing. As of the first half of this year, it has the annual production capacity of 7000 tons of all kinds of tops, 10 thousand tons of modified processing, 6600 tons of worsted spinning, and 8000 tons of dyeing and finishing. This long industrial chain layout is also one of its core competitiveness.

The company adheres to the sales strategy which pays equal attention to both internal and external sales. At present, the export revenue accounts for about 45% of the total revenue. Its domestic market is mainly Zhejiang, Guangdong, Shanghai and Jiangsu. The export market of yarns is mainly for North America, Europe, Oceania and other regions. The designated OEM weaving factories are mainly concentrated in Hongkong, and the export market of wool tops is mainly concentrated in Japan, Germany, Southeast Asia and India. The company has a buying and selling office in Australia. The main raw material wool raw wool is mainly imported from Australia.

According to the plan, the company's overall business goal is "to become one of the most professional high-end textile materials suppliers in the world". In the next two or three years, we will focus on the development of differentiated, functional and high value-added worsted yarns. Specifically, the first step is to develop the high count knitting yarn on the basis of the technical advantages of the original wool modification and spinning process. The two is to develop high-grade natural fiber blended products, using special animal fibers such as cashmere, alpaca, Ma Haimao and natural fibers to enhance the quality of blended products and expand the market share of international high-end brand apparel. The key development of functional wool and new chemical fiber blended products, such as moisture absorption, sweat, heat, light weight, etc. The third is to develop "eco textile" and "green textile", and continuously increase the added value of products.

New Australian textile says that eco textiles represent a new trend in global consumption and production, and can also be used by developed countries to restrict imports by using green barriers. If the product can meet the requirements of the European Union's ecological requirements, it can enter the more high-end international circulation market and make the product additional to be promoted.